Genius Brands revenue up 691% to $63M; operating loss down 31%

Kartoon Studios, Inc.

2023-Q1 EPS reported -$0.77 revenue$14,189,000

Revenue $63.0M (up 691% YoY); operating loss decreased 31%, net loss down 64%.
WOW Unlimited Media acquisition drives revenue; TOHO invests multi-millions for 50% of two shows.
Launched AI-generated series Kidaverse Fast Facts and Secret Millionaires Club Minis.
Kartoon Channel! Africa launched in 47 countries via StarTimes partnership.
Current assets $139.5M, working capital $28.6M, stockholders' equity $112.9M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Kartoon Studios, Inc. reported the year ended December 31, 2022 results: revenue $63.0 million.

Period: the year ended December 31, 2022
Revenue: $63.0 million
Result: reported results

Exact text from the filing

Full-year revenue increased 691% to $63.0 million, compared to $7.9 million in 2021.

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Kartoon Studios, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-23-002105

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